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Warrior Trading // Ross Cameron // Day Trade Warrior
Before we continue...
Remember, day trading is risky and most traders lose money. You should never trade with money you can’t afford to lose. Prove profitability in a simulator before trading with real money.
My results are not typical. Do not mirror trade me, or anyone else. Mirror trading is extremely risky https://www.warriortrading.com/why-mirror-trading-is-a-bad-idea/
All of the content on our channel is for educational purposes only. No data, content, or information provided by Warrior Trading, the Site, or the other products and services of Warrior Trading, is intended, and shall not constitute or be construed as, advice or any recommendation to buy, sell or hold a particular security or pursue any particular investment strategy.
️If you don’t agree with those terms and our full disclaimer (https://www.warriortrading.com/disclaimer), you should not continue watching our videos.
Still with me?
Now let’s dig into some helpful information …
What’s my story? ️ You can read it here: https://www.warriortrading.com/ross-cameron/
And check out my broker statements here https://www.warriortrading.com/ross-camerons-verified-day-trading-earnings/
Our website is filled with free info Start with this guide, no opt-in required: https://www.warriortrading.com/day-trading/
Learn about my stock selection process, how I determine entries/exits, my strategy, and more in my free class Register here: https://www.warriortrading.com/free-day-trading-class/
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Warrior Trading // Ross Cameron // Day Trade Warrior
All right, good morning everyone. Well, we've got about uh, 34 minutes to the opening bell 33 and a half minutes so I'm sitting here this morning. I've already taken a couple trades on Saidu, although it's been a bit on the choppy side, so I'm not sure that I'll go back for it. You can see this red high volume rejection candle and it, you know followed after that with three more, four more pretty big red candles.
so I don't know I'm I'm not feeling that one anymore. I mean, yeah, I guess if it breaks over 24 724 which was yesterday's high, this was sort of a continuation bounce off the low type of setup. We got a couple trades on it, but uh, those are a little earlier. So right now I'm sitting tight and I you know I'm hoping that we just, uh, we see something that starts to move a little bit.
I'm gonna keep an eye out for 9 A.m news. it's always. You know, you never know. It's always possible that we'll get some headlines at 9 00 a.m the top of the hour.
That could give us some opportunities, but it generally feels a little a little lighter. Today's the first day back from the long weekend, so you know I I'm not quite at my daily goal. but you know, maybe today's not a day that I'm gonna hit it. And that's okay.
I can just take a smaller green day and come back and try again tomorrow. So let's see. Uh, we've got about two minutes until 9 a.m so we'll be watching scanners at nine to see if there's any opportunities and then we'll go over based on if there's any new headlines. At Nine A.m we'll go over watch list and see if I can find something that looks good between now and 10 a.m about one minute till 9 A.m So I I did set up a um, a Td Ameritrade account for my retirement just as sort of a a test just to kind of test it out and see how I feel about it.
Um, I think I had mentioned last week or the week before that I sort of felt like I was reconsidering how much I'm paying in commissions so pre-market I don't know, I haven't I haven't used it today, but probably depend on the price of the stock that I'm trading, whether or not I'm going to use it. The lower price stocks are where I really pay a a pretty high price on my routing and on some of them. I think it's really not necessary. Uh, well, I just use thinkorswim.
That's the way I've done it in the past. Just the regular thinkorswim platform, so nothing special. I don't usually like the integrations, I don't usually trust them, but you never know. maybe at some point I could try it.
Uavs moving up. Uh, these often will struggle right around one dollar. so you've got that pop coming up. This is a good example of a a cheaper one.
Uh, Jonathan, I can. I can. probably make a a version of my layout. give me a week or so to kind of get settled in how I want it set up first.
so I do. Big rejection there at the volume weight average price, so drop below it. Tried to get above it and then sort of slam down right there. about 30 cents you? Okay, so it's 903 so we'll go through the the list of the gappers. The leading gapper Cnvy Cnvy is a buyout, so there'll be no more trades on it. Next one down Valn Light volume Pfizer acquisition. next one down Uabs. just mentioned this one.
Cheaper. obviously. uh, struggling at a dollar? Very typical. Not very interested in it.
Maybe if it gets over a dollar, but would be I just don't. I don't usually make a lot of money on these really cheap ones, so not very interested. Hcti 1.39 also pretty cheap earlier popped up to 1.80 Was sitting here when that happened. didn't trade it then.
not interested in it here. Below View App: Bksy 82 million share float a little higher consolidating in the range here. needs to break over 280. Nice daily room up towards 200.
moving average. There is news on it, but the price action in this area has been a little choppier. We're sort of range bound, so unless you're anticipating that, it's going to curl out and break. To the upside, I don't think I'm I'd be a buyer here.
Iph a higher float selling off a bit. Syme 31 million share float selling off again. back towards V Wap. News about Walmart disclosing a 62 stake seems like a pretty good catalyst, but they acquired 58 million shares.
A little bit confused about how they did that when the float shows 31 million shares, but you know, realistically, I don't know that this one's going to really give us a lot. Moving up the Gap scanner and moving back down the Gap scanner switch places with Ipha so you know Sym could be interesting, but right now is sort of on the bearish side. Consolidating a little bit lower high is 2405 today, Uavs coming back up to a dollar 2 million shares of volume resistance. Let's see where is it.
200 moving averages around 1.76 So those are our leading Gappers right now. You can see for what it's worth how sub penny stocks trade down to the 100th of a penny, you break over a penny. It goes down to just one cent increments. Seller at five fire it too.
But I don't know. It's not enough with the broker. like mine, the first penny of profit goes to commissions. So on, something like this where you're only getting a few pennies, it doesn't feel like it's worth it.
But maybe if it opens up a little bit more, it would probably need to get over like a dollar 25, then 1.50 1.75 But then you're right into the 200 so not sure. Reminders always for those Tuning in: Trading is risky and my results are not typical so you should take it slow. There's no guarantee you'll find success whether you learn from me or you trade on your own. You you? um adn let's see this one.
I don't see it on the Gap scanner. where are we at here? So adan yeah, it's up 13 so I mean it's it's gonna be on the Gap scanner. I just have to scroll down. I kind of treat this like the first page of Google.
I don't usually go to page two and three. I'm trying to find what's obvious, what I think you know all the traders out there are looking at. That's the stock I want to be trading and I want to try to anticipate what stock that's going to be. so I'm going to try to. I'm going to try to sometimes anticipate it and jump in early. May not have all the traders watching it yet, but I expect they will be because it's got the right sort of criteria for being a big momentum stock, so it could be price and float and news sort of all combined moving up quickly. Good daily chart and as soon as I see it I'll jump on quick. You know by the time everyone else sees it, by the time it is the leading Gapper, you know it may go up another whatever percent and I've missed it.
So I try to jump quickly when I see something moving that I think meets the criteria for being the most obvious stock on the day adn I don't feel like it meets it right now. It's not moving up quickly, it's not even on the first page of the search or of the scans. You know it's just not. It's just not there.
And by the way, I'm a little under the weather today, so I you know I'm I'm happy to just to sit and get the thousand bucks I've got and I'm hoping I feel better tomorrow. You know? And I'm We'll see. We'll see how I feel this week so I'm just gonna do the best I can try to keep my you know, keep my head above water, survive to thrive, Just get through this period and the market's slow. I'm not feeling great so just kind of taking it one day at a time but wanted to sit down this morning.
Felt well enough to sit down and go through the scans and get a couple trades. Yeah, I put Macd on the charts. A couple weeks ago, someone was asking me about trading in ranges and I sort of said if the moving averages are going flat, we don't really want to be trading it. We want to be trading.
When the moving averages are pulling apart, it's moving quickly and Macd can be a good way to visualize whether the moving averages are pulling away or coming together. Sym. Yeah, I agree. I'll take along there of 600 shares as a starter.
Um, the ad spot for me would be 23.50 and then 24.. So watching 23.50 added 23.50 Now watching to add at 24. So can we get the break of 24? I'm gonna take a little profit and then I'm going to look to add back new order. 24.50 It's hesitating just for a minute.
There's 25. A little more profit on the way up. This is. I mean, all things considered, this is not big money for me because I'm not confident trading it with big size.
The High: This current candle is 25. This is the Walmart catalyst. My entry is 23.23 right now, so our high is 25. So now we want to see.
Does it hold up or does it just fail? Watching on this pullback high is 25. Wow. So there's 28 and 29 printing that just hit a high of 29.39 right? So that's good to see. But how do you trade it up here? So your high? That candle is 29.39 So watching in this area added at 27.33 Oh actually no. Phil. I wonder why wrist check failed. My order was too high. All right.
Well sometimes that's a blessing in disguise. Let's just see what it does flat for now. we'll watch it and see if I can come back for another trade. So made about 800 on that trade.
Just small size. When it was breaking on that, you know this was a 10 second candle where it popped 29. I was like, okay, well let's let's see what this is going to do right. Maybe this thing is going to go to 30 35, You know you.
So I just kind of held it. and then 10 seconds later it was back down 26. So this has the, um, the Walmart news this? Um, so we've got about 13 minutes to the opening bell. We'll keep Sym on watch.
So nice little micro pullback there at 25 that was pretty pretty wild that candle. but now it's back to 25. The five minute candle is a little funny because it has a topping tail, but the volume profile is certainly green candles, so we'll see what it does. Hopefully volume picks up on a little bit more.
We've got a good catalyst. I mean, I think it's a good catalyst. The price action is ultimately what we have to focus on. So sitting at 1900 right now wish I'd been able to fill a little bit of a bigger position on my first trade on it.
but that's okay. That's the way it sometimes goes. They go. they'll go without you.
So I put my order out there, but I only filled 676 shares, so it went without me. So it's going to be important to see whether it holds 25 About 11 minutes to the opening bell. Okay, headed back there on Sym. Now watch for the Ad over 27.
What I'm thinking on this is a reclaim of 28. It should have broken right there. We'll watch to try again new orders at 27. I'll go smaller size on the second attempt.
I want to be really careful not to walk into a wall on a stock like this Uavs, but you see how it's starting to start to curl right there. So as it started to curl there, I jumped on it and I wanted to see it go right through 27 2750, break that level right there and then back up to Uh. 28.. So 2750 is the spot we wanted to see Break this right.
Here is the break. Now retest of this descending level. Add it back at 26.49 on the retest. Now let's see if it can break through 27.
So we get the break the retest. Then we look for the break holding right now 341 shares and looking for the break through. Twenty seven dollars. managing risk with smaller size, there's 27.
So it popped to 27. Which is of course what we want to see. The height of this candle is 27 New order 27 50. watch here.
Add 2710. Now looking for 27.45 then 27.55 and let's see if we get a move up to 28. So it is pulling away here. This is good scaling with small size in and Then small size out.
going with small orders to manage my risk holding 202 shares right now. Back to flat for now at 83 Watching over the high here of 27.50 for the next trade. So see we broke. We retested that was the ad, Then we squeezed up here to a high of 27.50 pulled back down to 26.50 then back up. Very volatile. The five minute not perfect because of this topping tail but green candles. Nice job Kevin. Good for you.
That's a really really good trade. That's a fantastic trade. So we're pulling back a little bit here that yellow line. see that the low there was 25 55.
bought the dip at 26 25 to try to catch the bounce back up to 26.75 flat at 26.25 break even trade. That's okay. so up 1600 bucks on this one. All right.
So we've got about three and a half minutes to the opening bell, so Warrior All Access members will keep trading here. Going into the Open will hope to see some nice opportunities. I've already gotten a little bit as I do some small gains sym relatively small gains, but you know, being under the weather, not really feeling like being aggressive so just kind of like happy to take some small gains and then try again tomorrow. you know, 2700 and then I can go lay down again for a couple more hours.
All right. So three minutes to the open? Uh, two minutes and 45 seconds. Reminders always that trading is risky. Most beginner traders lose money.
My results are not typical, so I encourage you to take it slow. There's no guarantee you'll find success whether you learn from your trade on your own. So practice in a simulator before you put real money on the line. That's the smart way to do it.
Um, that's exactly what Max did. He trade in the simulator for eight nine months and his interview is now uploaded to the, uh, I can't remember what chapter it is, chapter 17 or something like that for, uh, profitable trader interviews. His results are not typical either, but we sure are proud of him. So check out that interview if you haven't already.
Okay, so that's the game plan. Two minutes to the bell. Let's see if we get some more opportunities. Sym has already shown an ability to go up five points in one candle, so it's worth watching.
I don't know if there'll be any meme traders jumping on it, but I you never know. It's sort of a recent Dspat company. Walmart news people might be into it, so we'll keep it on watch. We'll see if we get more opportunities.
All right. So that's the game plan. 90 seconds to the opening bell, those tuning in on Youtube. If you want to learn a little bit more, I'll put a link.
um, top Corner up here for scalp trading, taking quick entries and exits, and I'll put another one right down here for whatever's been the second most popular in the last two weeks. I'll just go and check it, and then I'll post the two videos right there and right there. Okay, I'll see you guys tomorrow, You.
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How do you know if something like Sym will just keep going down down down? I was up 1.2k, then baught at a price where it slowed down in dropping thought it would go back up and kept going down and down. i was up 1.2k then turned into 2.5k loss at a total of 3.7k loss. How do yo find a simlaur that doesn't cost tons of money?
Ross if you need any tips w tos just let me know im very good w layouts and hotkeys w tos. made 500 .00 today w tos
Hey ross, Id really appreciate if you could drop a you’re layout
Ross, when $SYM jumped up to $29, then moved down a bit to $27… why didn’t you cash out at $27ish? You ended up closing out at around $26. Were you expecting it to get back up over $28? Just trying to learn. Love your videos!
how often are you taking trades based off the information from the 10 second chart?
Was really hoping UAVS had broken that 1.00 level
Kindly guide me As I do chart analysis correct but while day trading got shutdown. Even When I get the sign that this stock should go up/down I got stopped even they move the way I predict.
Yeah, hit BSKY for 450 shares $72 profit …$2.39-2.55 run
feel better!
I started with TD ameritrade on a small account and it has been good for me on premarket. I have a good set up on mine wish I new how to share it.